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The Mortgage Works – Three Year Fixed Buy-To-Let

The Mortgage Works

Three Year Fixed Buy-To-Let

Type: Fixed-rate buy-to-let mortgage

Fixed term: Three years

Fixed rate: 4.55%

Minimum loan: 25,001

Maximum loan: Up to 85% of valuation subject to a maximum of 350,000, up to
80% of valuation subject to a maximum of 500,000, up to 75% of valuation subject to a maximum of 750,000, up to 70% of valuation subject to a maximum of 1 million, up to 65% of valuation subject to a maximum of 1.5 million

Income multiples: Rental income must be at least 125% of mortgage repayments up to 85% of valuation, at least 115% of mortgage repayments up to 75% of valuation, loans up to 65% of valuation non-status

Arrangement fee: 1.5% of original loan

Redemption fee: 5% of the mortgage balance in first three years

Introducers fee: 0.4% of original loan

Tel: 0845 601 0763

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